Tantalum Electric Capacitor Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Technology (Wet, Solid), By Industry Vertical (Industrial, Automotive, Communication And Technology, Consumer Electronics), And Geography - Forecasts From 2019 To 2024

The Tantalum Electric Capacitor Market is expected to reach a market size of US$1,433.522 million in 2024, rising from US$1,268.526 million in 2018 at a CAGR of 2.06% throughout the forecast period.

The demand for tantalum electric capacitors will grow during the forecast period owing to the rising usage of electronics across different industries. In addition, increasing consumption of consumer electronics globally will further boost the demand for these capacitors. However, the problem of field crystallization and the availability of substitutes will limit the demand for these capacitors. The North American region will have a significant share of the market due to the early adoption of technology and increasing automation in different industries. The Asia Pacific market will see ample growth opportunities due to the penetration of consumer electronics and rapid industrialization.

DRIVERS

Growing focus on miniaturization of devices.
Rising in-vehicle electronics content.
The steady increase in investment in military electronics.

RESTRAINTS

Availability of substitutes

INDUSTRY UPDATE

In June 2018, AVX Corporation launched a new high-temperature wet electrolytic tantalum capacitor series for military, aerospace, industrial, and oil drilling equipment applications.
The tantalum capacitor industry has witnessed an increase in the average selling prices caused by the rising lead time.

The major players profiled in the tantalum electric capacitor market include Kemet Corporation, AVX Corporation, Vishay Intertechnology Inc., and Panasonic Corporation among others.

Tantalum Electric Capacitor Market Scope:

Report Metric	Details
Market size value in 2018	US$1,268.526 million
Market size value in 2024	US$1,433.522 million
Growth Rate	CAGR of 2.06% from 2018 to 2024
Base year	2018
Forecast period	2019–2024
Forecast Unit (Value)	USD Million
Segments covered	Technology, Industry Vertical, And Geography
Regions covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies covered	Kemet Corporation, AVX Corporation, Vishay Intertechnology, Inc., Panasonic   Corporation, Rohm Co., Ltd., Samsung Electro-Mechanics, Suntsu Electronics, Inc.,   Meritek, Nichicon Corporation, Suntan Technology Company Limited
Customization scope	Free report customization with purchase

Segmentation

The tantalum electric capacitor market has been analyzed through the following segments:

By Technology

Wet
Solid

By Industry Vertical

Industrial
Automotive
Communication and Technology
Consumer Electronics

By Geography

Americas
USA
Canada
Brazil
Others

Europe Middle East and Africa
Germany
France
United Kingdom
Spain
Israel
Others

Asia Pacific
China
Taiwan
Japan
South Korea
India
Others

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